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2894 115th Ave, Princeton, MN, 55371

3beds
3baths
3,390sqft
$599,900
$177price/sqft
$4,224/moest. monthly cost
$168,960/yrincome needed

About This Home

Discover this idyllic 10-acre property with a picturesque stream meandering through it. Perfect for outdoorsman or entrepreneurs, it features three spacious pole sheds with power and concrete floors. The three-bedroom, three-bath home offers generous living space, while the deck invites you to relax and enjoy the view of your private orchard and the local wildlife. Need a peaceful retreat? The cozy bunkhouse cabin in the back corner provides a serene escape with the gentle sound of the stream nearby. Whether for work, play, or relaxation, this property has it all.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
Princeton Primary SchoolGrades PK-22.9 mi
6/10
Princeton Middle SchoolGrades 6-83.3 mi
6/10

Construction

Condition

  • Year built: 1997

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Egress Window(s),Full,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Bedroom3

  • Level: Main
  • Area: 96
  • Dimensions: 8x12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Features

  • Finished area below ground: 1,328
  • Finished area above ground: 1,986

Flex Room

  • Level: Lower
  • Area: 120
  • Dimensions: 12x10

Flex Room

  • Level: Lower
  • Area: 132
  • Dimensions: 12x11

Great Room

  • Level: Main
  • Area: 225
  • Dimensions: 15x15

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,390
  • Total interior livable area: 3,390 sqft

Kitchen

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Library

  • Level: Basement
  • Area: 525
  • Dimensions: 25x21

Living Room

  • Level: Main
  • Area: 288
  • Dimensions: 12x24

Other

  • Level: Lower
  • Area: 288
  • Dimensions: 12x24

Other

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Porch

  • Level: Main
  • Area: 154
  • Dimensions: 11x14

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 060251001
  • Zoning description: Residential-Single Family
  • Foundation area: 1404

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Chain Link
  • Waterfront features: Creek/Stream

Lot

  • Lot size: 10 Acres
  • Features: Tree Coverage - Heavy
  • Lot size dimensions: 330 x 1320

Parking

  • Total spaces: 5
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Lightning
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters in Mille Lacs County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$364$4,368
Property Taxes $542$6,504
Electricity $285$3,431
Total$4,224$50,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,822/yr
40% on housing$126,720/yr
45% on housing$112,640/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 55371$183
Mille Lacs County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 55371$191
Mille Lacs County$189

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Price change$645,000
2025-08-12Listed for sale$685,000
2025-08-12Listing removed$715,000
2024-09-30Listed for sale$715,000
2011-03-11Sold$141,000
2011-01-16Price change$139,900
2010-12-20Listed for sale$164,900
2010-09-14Sold$100,254

For Sale by Agent

AgentEric Engelhaupt
BrokerageeXp Realty

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